Summary

For a 1 semester course in Business Statistics. This paperback, 14 chapter text focuses on using rich business applications from all the functional areas of business to introduce the core concepts. The emphasis is on a clean, sophisticated presentation uncluttered by bells and whistles. A more comprehensive version by these same authors is also available called Basic Business Statistics 10e.

Table of Contents

Introduction and Data Collection

Using Statistics: Good Tunes

Basic Concepts of Statistics

The Growth of Statistics and Information

Technology

How This Text Is Organized

The Importance of Collecting Data

Identifying Sources of Data

Types of Data

Presenting Data in Tables and Charts

Using Statistics: Comparing the Performance of Mutual Funds

Tables and Charts for Categorical Data

Tables and Charts for Numerical Data

Cross Tabulations

Scatter Diagrams and Time Series Plots

Misusing Graphs and Ethical Issues

Numerical Descriptive Measures

Using Statistics: Comparing the Performance of Mutual Funds

Measures of Central Tendency, Variation, and Shape

Obtaining Descriptive

Summary Measures from a Population

Exploratory Data Analysis

The Covariance and the Coefficient of Correlation

Pitfalls in Numerical Descriptive Measures and Ethical Issues

Basic Probability

Using Statistics: The Consumer Electronics Company

Basic Probability Concepts

Conditional Probability

Bayesrsquo; Theorem

Counting Rules

Ethical Issues and Probability

Some Important Discrete Probability Distributions

Using Statistics: The Accounting Information System of the Saxon Plumbing Company